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Toll Brothers (TOL) is a Top-Ranked Momentum Stock: Should You Buy?


Published on 2024-12-06 19:59:55 - MSN
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  • Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both. Featuring daily updates of the Zacks Rank and Zacks Industry Rank,

The article from MSN Money discusses Toll Brothers, Inc. (TOL), highlighting its status as a top-ranked momentum stock. It points out that Toll Brothers has shown significant momentum, with its stock price increasing by 11.16% over the past four weeks and 55.7% over the last year, outperforming the S&P 500. The company, which is the largest luxury homebuilder in the U.S., has benefited from a strong housing market driven by low interest rates and a demand for larger homes. The article also mentions that Toll Brothers has a Zacks Rank #1 (Strong Buy) and an A Momentum Score, indicating it's a good time for investors to consider buying the stock. However, it advises investors to look at other factors like valuation and earnings estimates before making a decision. Additionally, the article notes that Toll Brothers has a VGM Score of A, which combines Value, Growth, and Momentum scores, further supporting its investment appeal.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/top-stocks/toll-brothers-tol-is-a-top-ranked-momentum-stock-should-you-buy/ar-AA1voHSS ]